Multiple Choice
Permanent funding commitments usually contain many funding contingencies.Which of the following typically is NOT one of those contingencies?
A) Approval of all prospective leases
B) Approval of design changes or building material substitution
C) Provisions for gap financing
D) Minimum rent-up requirements
Correct Answer:
Verified
Correct Answer:
Verified
Q20: Which of the following is the usual
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Q22: Why would a developer be willing to
Q23: Permanent loans generally provide the money to
Q24: Which of the following is a "soft
Q26: Construction loans provide the money to construct
Q27: Which of the following is one reason
Q28: The demand for retail space should be
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